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Gold Price August 29 2026
The article discusses stability and declines in gold prices in Egypt on August 29, 2026. The 21-karat gold price was recorded at 6,320 EGP per ounce for selling. The decline in precious metal prices continues, in line with global gold price movements and the impacts of international market dynamics on local prices. The report includes average prices for different karat types, such as 24K, 18K, and 14K, as well as prices for the gold pound, ounce, and kilogram. It notes that prices are directly affected by the international ounce price, which was $4,456.40, as well as the dollar exchange rate, making local prices subject to daily fluctuations. Additionally, the report emphasizes that the listed prices are indicative and may vary between traders; they do not include manufacturing costs, assay fees, or taxes. Overall, the article indicates that the gold market is experiencing a period of stabilization and decline, with ongoing monitoring of both global and local price movements.
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